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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: uel_Dave who wrote (41863)	9/19/1999 3:31:00 PM
From: Caxton Rhodes	Read Replies (2) \| Respond to of 152472

Way off topic****** The new quillionaires, better be nice to their spouses! Wife Of Viacom Chief Seeks $3 Billion In Divorce NEW YORK (Reuters) - The wife of media titan Sumner Redstone, chairman and CEO of Viacom, whose company is in a $37 billion deal to acquire CBS Inc., has filed for divorce and is seeking $3 billion, her attorney said Sunday. Phyllis Redstone, Sumner's wife of 52 years, filed for divorce in a Boston court, a Viacom spokesman said. The company issued a statement saying the suit was a personal matter that would have no effect on Viacom's proposed merger with CBS. Phyllis Redstone filed for divorce in November 1993 in the midst of a high-stakes takeover battle Viacom was waging versus home shopping network QVC for control of Paramount Pictures. Phyllis withdrew the suit three weeks later. Viacom eventually acquired Paramount for about $10 billion. Irving Helman, Phyllis attorney, confirmed a New York Post front-page report Sunday that she is seeking $3 billion. A CBS spokesman was not immediately available for comment. A Viacom spokesman declined beyond issuing a short statement. ``The Redstone family interests in Viacom's parent company, National Amusements Inc., are structured in such a way that the personal matters between Mr. and Mrs. Redstone will not affect the ownership, control or management of Viacom, nor will they affect the merger with CBS,' the company said in a statement. George Abrams, Sumner Redstone's long-time attorney said in the Viacom statement that his client, who owns 67 percent of Viacom stock through his holding company National Amusements Inc., will make no further comments about the suit, which has been sealed by the court. ``In the interest of his family, Mr. Redstone chooses not to reply publicly to any allegations, no matter how false or misleading they may be. This is a personal matter which Mr. Redstone intends to resolve in a private way. Mr. Redstone and both his children are united on all matters affecting the family's business interests,' Abrams said.

To: uel_Dave who wrote (41863)	9/19/1999 3:48:00 PM
From: uel_Dave	Read Replies (1) \| Respond to of 152472

Qualcomm a Star in Canada's National Newspaper- Globe and Mail Every week, a business writer selects 5 stars and dogs and yesterday, Qualcomm was choosen as one of the two stars. The quote is humorous and I am sure he must have a beer or two when he writes them. On a more serious note, this is one of the first times that I have seen Qualcomm identified as a Star in the Globe and Mail. What does it mean? More investor from Canada and other countries are looking at Qualcomm for its leadership into the 21 century and more mutual fund companies from Canada and other countries will buy more Qualcomm driving the price up to $300 + by YE. -------------------- STAR Qualcomm QCOM-Nasdaq $189.93, up $24.24 Ah, sunny San Diego, where there's never a problem rounding up sailors for a bit of horseplay. And the romper rooms of Tijuana are just a hop away. Local wireless-communications outfit Qualcomm is getting out of the squalid business of actually making phones to concentrate on selling chips and stuff. Investors are taking the call. --------------------- source: theglobeandmail.com type in Qualcomm in the search engine ------ Regards, Dave

To: uel_Dave who wrote (41863)	9/19/1999 9:22:00 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 152472

Most day traders operate with a bankroll of about $20K, Dave. They try to trade in small increments, picking up 1/8th of a point and selling, and then buying again, and again, and again. 1/8th on 100 shares doesn't pay their commissions, so they lean towards low priced stocks. Q is too expensive for their ploy. Your friend isn't a day trader if he held Q for a few days. He is a short term momentum player, which is a whole different animal. He probably tries to time earnings runs, splits, and news driven moves. It's funny that he sold Q on Thursday to find a stock that could move 5 to 10%. Q moved in that range on Friday <g.>. uf